Waystar HoldingWAY -0.11%16 EV-to-FCF is 16.90 as of Jun. 25, 2026, which is 57% below its 10-year median of 39.00. GuruFocus rates WAY with a GF Score™ of 16/100. The stock has 2 warning signs investors should review. Among 410 Healthcare Providers & Services companies, Waystar Holding ranks better than 51.46% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Waystar Holding's Enterprise Value is $4,968 Mil.
Waystar Holding's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $294 Mil. Therefore, Waystar Holding's EV-to-FCF for today is 16.90.
The historical rank and industry rank for Waystar Holding's EV-to-FCF or its related term are showing as below:
WAY'
s EV-to-FCF Range Over the Past 10 Years
Min: 16.42 Med: 39 Max: 1840.68
Current: 16.9
During the past 5 years, the highest EV-to-FCF of Waystar Holding was 1840.68. The lowest was 16.42. And the median was 39.00.
WAY's EV-to-FCF is ranked better than 51.46% of 410
companies
in the Healthcare Providers & Services industry
Industry Median: 17.47
vs WAY: 16.90
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Waystar Holding's PE Ratio (TTM) for today is calculated as:
Waystar Holding's share price for today is $18.98.
Waystar Holding's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.670.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Waystar Holding EV-to-FCF Related Terms
Waystar Holding EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Waystar Holding's EV-to-FCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Health Information Services subindustry, Waystar Holding's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Waystar Holding EV-to-FCF vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Waystar Holding's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Waystar Holding's EV-to-FCF falls into.
Waystar Holding's current Enterprise Value is $4,968 Mil.
Waystar Holding's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $294 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Waystar Holding (WAY) has a EV-to-FCF of 16.90 as of Jun. 25, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Waystar Holding and its competitors. This is 57% below median its historical median of 39.00. Over the past decade, Waystar Holding's EV-to-FCF has ranged from 16.42 to 1,840.68. According to the industry distribution chart, Waystar Holding ranks #199 out of 410 companies in the Healthcare Providers & Services industry, placing it in the top 48.5%.
Is Waystar Holding's EV-to-FCF too high?
Waystar Holding's current EV-to-FCF of 16.90 is 57% below median its 10-year median of 39.00. Over the past 10 years, this metric has ranged from a low of 16.42 to a high of 1,840.68. The Healthcare Providers & Services industry median EV-to-FCF is 17.47. Waystar Holding's value of 16.90 is 3.3% below this industry median. Based on the distribution chart, Waystar Holding ranks #199 out of 410 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Waystar Holding has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Waystar Holding's EV-to-FCF compare to DOCS and TXG?
According to the Healthcare Providers & Services industry distribution chart, Waystar Holding ranks #199 out of 410 companies for EV-to-FCF. This puts Waystar Holding in the upper half of its industry. The industry median EV-to-FCF is 17.47. Waystar Holding's value of 16.90 is 3.3% below this benchmark. Historically, Waystar Holding's own EV-to-FCF has ranged from 16.42 to 1,840.68 over the past decade. While the company's 10-year median is 39.00 vs. the industry median of 17.47, Waystar Holding has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Healthcare Providers & Services company?
The median EV-to-FCF among Healthcare Providers & Services companies is 17.47, based on 410 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Waystar Holding's current EV-to-FCF of 16.90 is 3.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Waystar Holding and its competitors. For the Healthcare Providers & Services industry, the median EV-to-FCF is 17.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waystar Holding's current EV-to-FCF is 16.90, which is 57% below median its own 10-year median of 39.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waystar Holding stock overvalued right now?
Waystar Holding (WAY) has a current EV-to-FCF of 16.90. The current EV-to-FCF is 16.90, which is 57% below median its 10-year median of 39.00 and 3.3% below the Healthcare Providers & Services industry median of 17.47. Waystar Holding's overall GF Score™ is 16/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Waystar Holding (WAY), the current EV-to-FCF is 16.90 as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Waystar Holding Corp is a provider of mission-critical cloud technology to healthcare organizations. Its enterprise-grade platform transforms the complex and disparate processes comprising healthcare payments received by healthcare providers from payers and patients, from pre-service engagement through post-service remittance and reconciliation. its platform enhances data integrity, eliminates manual tasks, and improves claim and billing accuracy, which results in transparency, reduced labor costs, and faster, more accurate reimbursement and cash flow. The market for solutions extends throughout the United States and includes Puerto Rico and other USA Territories.
16GF Score
Get the complete analysis for WAY
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
WAY has been successfully added to your 
